5. Discounted cash flow models require:? I. Capitalization rate is used as a discount rate ! II. Terminal rate which is slightly lower than going in capitalization rate to determine the sale price" III. Estimate of cash flows over the expected holding period IV. Selling expenses at the end of holding period should be considered in the cash flow A. II, III, and III9 B. .1,I1, and IV C. II and IV D. III and IV